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GOLDMAN SACHS: A Democratic Sweep Would Mean A Faster US Economic Recovery.

Posted by: RotoHockeyYTD2014 on Oct 07, 08:10

https://www.cnn.com/2020/10/06/business/economy-election-blue-wave-goldman-sachs/index.html

 

Goldman Sachs: A Democratic sweep would mean faster economic recovery

 

Just hours after Trump's all-caps Monday morning tweet predicting economic disaster, Goldman economists pointed out that polls "suggest a 'blue wave' in which Democrats gain unified control of Washington is becoming more likely" -- and they're not suggesting investors dump stocks.
In fact, "all else equal, such a blue wave would likely prompt us to upgrade our forecasts," Goldman Sachs chief economist Jan Hatzius wrote in a Monday report.

 

 





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